Shares of Apple rose 4.5% to $127.26 at 14:37 EST on Tuesday, after two consecutive sessions in a row of losses. The Nasdaq Stock Market is rising 1.01% to $12,566.20, following yesterday’s upward trend, This seems, so far, an all-around positive trend trading session today.
Apple’s last close was $121.78, 8.42% under its 52-week high of $137.98.
News about Apple today
Apple push into India dealt setback as protest turns to violence. According to today’s article on Bloomberg Quint, "Apple has said it is investigating the incident and whether Wistron adhered to its labor practices. ", "In China — where Apple suppliers are among the country’s largest private employers with upwards of a million people assembling gear from iPhones to Macs — state media wasted no time in highlighting the troubles in India."
Apple reportedly plans 30% rise in iPhone production in h1 to up to 96 mln. According to today’s article on Business Insider, "Apple In. plans to produce up to 96 million iPhones for the first half of 2021, around 30% higher than the prior year, Nikkei Asia reported citing multiple people familiar with the matter. ", "For the year 2021, Apple reportedly plans to build up to 230 million iPhones, including both old and new models. "
Apple could produce as many as 96 million iPhones in first half of 2021. According to today’s article on MarketWatch, "Apple Inc. shares are up 1.9% in premarket trading Tuesday after Nikkei Asia reported that the company has increased 4.6%."
Apple planning 30% increase in iPhone production for first half of 2021: report. According to today’s article on MarketWatch, "Apple didn’t immediately respond to a MarketWatch request for comment. ", "Nikkei Asia noted that supply shortages impacting the entire industry could affect Apple’s ability to meet its production goals. "
Apple’s sales growth is 15.3% for the ongoing quarter and 24.5% for the next. The company’s growth estimates for the current quarter and the next is 11.2% and 34.4%, respectively.
Year-on-year quarterly revenue growth grew by 1%, now sitting on 274.52B for the twelve trailing months.
Apple’s Stock Top and Bottom Yearly Value
Apple’s stock is valued at $127.26 at 14:37 EST, under its 52-week high of $137.98 and way higher than its 52-week low of $53.15.
Apple’s Moving Average
Apple’s worth is higher than its 50-day moving average of $118.05 and way higher than its 200-day moving average of $108.57.
Previous days news about Apple
Apple starts work on its own cellular modem, chip chief says. According to Bloomberg Quint on Thu Dec 10, "He said the modem is one of a few wireless chips the company designs, including the W-series in the Apple Watch and the U1 ultrawide-band chip in the iPhone for precise location information.", "More from the town hall: Apple CEO Says Most Staff Won’t Return to Office Until June"
Apple CEO Tim Cook says he had to take a 'meat axe' to his notifications to reduce his screen time. According to Business Insider on Sun Dec 13, "Cook said on the podcast that Apple’s goal is not to have its users spend more time using its devices and that its business model isn’t set up to profit off people clicking around on their phones. ", "Read more: The battle between Facebook and Apple over privacy is about more than just ads – it’s about the future of how we interact with tech"
An Apple TV plus series about gawker media was axed after Tim Cook found out about it. According to Business Insider on Mon Dec 14, "Tom Neumayr, a spokesman for Apple, declined to comment to the Times. ", "Apple shut down a TV series about Gawker Media that it was making for Apple TV Plus after an intervention from its CEO Tim Cook, the New York Times reported Sunday."
Apple fitness+ review: great workouts—for watch owners only. According to The Wall Street Journal on Mon Dec 14, "An attractive cast of high-energy trainers draped head to toe in Nike -which has a partnership with Apple-hosts the sessions. ", "Apple ‘s Fitness+ is another digital workout subscription after your gym money. "